A.I.G....unfreakinreal

[GPK]

http://www.nytimes.com/2009/03/15/bu...G.html?_r=1&hp

[ArlJim78]

“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,”

how comforting that they have the top talent. they set the record for largest loss in corporate history, how much more would they have lost if they didn't have the top talent?

[Danzig]

if the best and brightest drove them to need a bailout, are they sure they're the best and brightest? and while on the subject, just where the eff are the 'best and brightest' going to get employment if they leave due to 'arbitrary' adjustments? not exactly an employees market right now.

Originally Posted by Danzig

if the best and brightest drove them to need a bailout, are they sure they're the best and brightest? and while on the subject, just where the eff are the 'best and brightest' going to get employment if they leave due to 'arbitrary' adjustments? not exactly an employees market right now.

effin A.

[Smooth Operator]

If this was a Chinese company these LOSERS would've been staring down the barrel of an assault rifle months ago.

But here in this country we give them 'retention pay'.

Originally Posted by Danzig

not exactly an employees market right now.

Maybe Lehman Brothers needs some help.

[ddthetide]

Originally Posted by ArlJim78

“We cannot attract and retain the best and the brightesttalent"

how comforting that they have the top talent. they set the record for largest loss in corporate history, how much more would they have lost if they didn't have the top talent?

code for swindlers and cheats ??

[The Indomitable DrugS]

You ever see those hunting shows they put on the station next to TVG on Direct TV?

Basically - a bunch of hicks are on camera hiding in the woods and talking quiet - looking for an animal to shoot at. After they snipe it - they go rub it's fur and say "thank you Jesus" and stuff like that.

How's about giving the animals a break and just putting businessmen on that show? The AIG douchebags can be the first to get sniped off in the woods by hicks.

Seeing a hick in camo blast a corporate exec and say "thanks Jesus!" would be must see tv.

[wiphan]

Really

I am sure when the government bailed out AIG that they knew exactly what was still left to pay. These were contracts already in place prior to anything happening. The government knew this or at least should have known it when it took an ownership stake in AIG. This is just a PR move by the administration to look better. Do you really think Obama and the administration didn't know what the compensation plans were of the current employees of AIG? If your answer is no, then we have a bigger problem on our hands because we are spending billions and billions of $ on things we know nothing about. On the surface it looks bad, but if I had a contract with my company and my performance in that company was superior and I deserved a bonus based on my current contract than I would expect to receive it. If someone buys the yankees, they still have to pay A-rod, etc. They have to deal with the contracts that are in place, unless they renogiate them. It definitely looks bad, but you have to see reality as well. It is very easy to bash big business and now it seems comon place that we are becoming a society that wants to tell everyone what they should and shouldn't make.

[hi_im_god]

what confuses me is how a payment that a company is obligated to pay an employee can be called a performance bonus.

if there's a contract to pay a specific amount, isn't it just delayed compensation unrelated to performance?

Originally Posted by wiphan

Really

I am sure when the government bailed out AIG that they knew exactly what was still left to pay. These were contracts already in place prior to anything happening. The government knew this or at least should have known it when it took an ownership stake in AIG. This is just a PR move by the administration to look better. Do you really think Obama and the administration didn't know what the compensation plans were of the current employees of AIG? If your answer is no, then we have a bigger problem on our hands because we are spending billions and billions of $ on things we know nothing about. On the surface it looks bad, but if I had a contract with my company and my performance in that company was superior and I deserved a bonus based on my current contract than I would expect to receive it. If someone buys the yankees, they still have to pay A-rod, etc. They have to deal with the contracts that are in place, unless they renogiate them. It definitely looks bad, but you have to see reality as well. It is very easy to bash big business and now it seems comon place that we are becoming a society that wants to tell everyone what they should and shouldn't make.

Oh now we're getting somewhere. The government didn't know. You know why? Because the government is just as incompetent as AIG. Throw in CITI and you have the three stooges.

[The Indomitable DrugS]

Originally Posted by wiphan

On the surface it looks bad, but if I had a contract with my company and my performance in that company was superior and I deserved a bonus based on my current contract than I would expect to receive it.

For a bonus ... they deserve to die an undignified death ... hiding under rocks in the woods like hunted animals ... just waiting for Ted Nugent to snipe them. I say that based on performance of course.

Originally Posted by wiphan

If someone buys the yankees, they still have to pay A-rod, etc.

A-Rod? Yankees? More like Duante Culpepper and the Lions at best!

I have more respect for 95% of the people in prison in this country.

Originally Posted by wiphan

They have to deal with the contracts that are in place, unless they renogiate them.

They should have never been bailed out by taxpayers in the first place. Had bankrupcy happened - wouldn't these contracts have been discarded?

It is very easy to bash big business

I like how the democrats like to point out "instead of spending money building roads, schools, and briges and hiring police in Iraq ... we could have spent that money here."

The way I see it - instead of dropping perfectly good bombs on buildings in Iraq - we could have saved them and dropped them on Wall Street and big corporations.

Instead of sending so called "terrorists" to isolated prisons and torturing them - we could have instead done the same thing to CEO's here. And I mean real torture ... not small stuff like waterboarding - but hard stuff like having every post Sumitas has ever made read to them repeatedly through a bull horn.

These guys at AIG are giving us the finger and saying "keep the cash coming. Baby needs a new walk in closet filled with shoes."

If I was in charge - I would look at each individual in "big business" and confiscate every single dollar they have if I deem them to be unsavory people. I would strip them of citizenship - and I would have them all rounded up and sent to Cuba in retaliation of Castro dropping the dregs of his socitey on us decades ago.

They would be treated kindly compared to what I would do with most from the Bush Adminstartion. Dangling decorations for lamp posts they would be.

Laws and constitution be damned. Nothing new there.

[alysheba4]

Originally Posted by The Indomitable DrugS

You ever see those hunting shows they put on the station next to TVG on Direct TV?

Basically - a bunch of hicks are on camera hiding in the woods and talking quiet - looking for an animal to shoot at. After they snipe it - they go rub it's fur and say "thank you Jesus" and stuff like that.

How's about giving the animals a break and just putting businessmen on that show? The AIG douchebags can be the first to get sniped off in the woods by hicks.

Seeing a hick in camo blast a corporate exec and say "thanks Jesus!" would be must see tv.

.......would be the highest rated show in the history of " cable " television.......would have to be handguns, the rifles those hicks use have scopes which would limit the show to about 3 mins.